1.4 Measures of Dispersion for Sample Data Flashcards
What does sample variance use as a point of reference?
The sample mean
By definition, the sample variance is ______________.
non-negative
What is the unit of sample variance?
Expressed in squared units
What is the unit of the standard deviation?
Expressed in the same unit as the sample mean and the random variable
What does the coefficient of variation allow?
To compare samples of data collected for two random variables expressed in different units or samples of data with very different means
What is the unit of the coefficient of variation?
Unitless
Which measure of dispersion is expressed in squared units?
Sample variance
Which measure of dispersion is expressed in the same unit as the random variable?
Standard deviation
Which measure of dispersion is unitless?
Coefficient of variation
What is the equation for sample variance?
What is the equation for standard deviation?
What is the equation for the coefficient of variation?